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May 2, 2014
05/14
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BBCAMERICA
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really here in nigeria there are people angry with the government. maybe they should be angry with successful governments. spending here has doubled over five years and stands at $6 billion a year. people are wondering why they don't feel safer now. >> will ross in the nigerian capital after the car bombing. >>> 18 people have died in separate car bombs in two villages in the village of hamh. 11 children are amongst the dead. the attacks took place in the government controlled cities. >>> police in the philippines have arrested dozens of suspects linked to the online blackmail. alleged the suspects persuaded people to expose themselves in front of web cams or send explicit material online. they threatened to send that to relatives unless a payment was made. >>> toronto's mayor is starting a 30 day treatment course as police investigate a new video that allegedly shows him smoking crack cocaine. rob ford announced wednesday he would leave the re-election campaign to get help for substance abuse. >>> now you may remember earlier this week here on "gmt,
really here in nigeria there are people angry with the government. maybe they should be angry with successful governments. spending here has doubled over five years and stands at $6 billion a year. people are wondering why they don't feel safer now. >> will ross in the nigerian capital after the car bombing. >>> 18 people have died in separate car bombs in two villages in the village of hamh. 11 children are amongst the dead. the attacks took place in the government controlled...
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May 2, 2014
05/14
by
BLOOMBERG
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relative to what nigeria is expecting. nigeria is the biggest economy right now. do you think we will fall behind the rest of the continent? >> growth numbers do not tell the whole story. it is about what historically you have established as your economic base. it is about the sophistication of business interest, if you can economy.hat, in one's but also the sophistication of the enterprises we have. while the number itself might suggest one set of issues. looks at the economic infrastructure and capabilities of south african firms and the manner in which they have penetrated the african continent financialining, services, telecommunications, south africa is in a league of its own. >> will you remain in his position after elections? >> i will arrange an apartment with the president. you can ask him that russian. >>-- you can ask him that question. tonobody expects the anc lose this election, but it is about how big the majority actually is. what are people saying? what is the story? >> we know the anc is accustomed to getting around 55% of the votes and even highe
relative to what nigeria is expecting. nigeria is the biggest economy right now. do you think we will fall behind the rest of the continent? >> growth numbers do not tell the whole story. it is about what historically you have established as your economic base. it is about the sophistication of business interest, if you can economy.hat, in one's but also the sophistication of the enterprises we have. while the number itself might suggest one set of issues. looks at the economic...
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May 2, 2014
05/14
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BLOOMBERG
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one of the other countries he's visiting most often besides china is nigeria. it is one of his favorite emerging markets. nigeria is dealing with its own set of risks. another bomb blast has hit the capital. that, he's talking about the sophistication of various institutions. ibo are looking for those growth rates above seven percent, which south africa does not have right now. >> let's stay with south africa in more ways than one and bring in david bloom. very good to have you on the program. who better to ask, with no vested interest in the subject, -- let's pick up on the rant. this is not the case in south africa. as we know, usually the discussion is whether the two werds majority are not. knows going to win the election, but the question is by how much. there's low volatility and interest rates are high. the election is coming up in brazil and indonesia. these are the fragile five. the me tell you something, they're the fabulous five. the reason is, there is no volatility in the market. inflation expectations are falling. we're talking about more qe in ja
one of the other countries he's visiting most often besides china is nigeria. it is one of his favorite emerging markets. nigeria is dealing with its own set of risks. another bomb blast has hit the capital. that, he's talking about the sophistication of various institutions. ibo are looking for those growth rates above seven percent, which south africa does not have right now. >> let's stay with south africa in more ways than one and bring in david bloom. very good to have you on the...
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May 2, 2014
05/14
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BLOOMBERG
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remember, south africa is now the second largest economy in africa, number two to nigeria. when you look at the other growth rates, they are set to grow by 5.5%. south africa, by 2.7%. we're seeing inequality. remember, we right now have the longest ever running platinum strike seen in this country. 70,000 workers on strike. it basically shows that we're really concerned about not only the inequality on the front but also that 31% of the population is below the poverty line and the finance minister saying we have to address these issues going forward. > thank you very much. >> voted the best restaurant in the world top 50 they retain the an italian ot restaurant came in at number three. for more on what it takes to be a winner the world of fine dining, we're joined by one of the judges on the list. richard, thank you for joining us. is it a worthy winner? >> it is a fantastic restaurant. thought the number three was going to win this year. for it to come back at the top spot is a surprise. the food is amazing. it is so invent pifment >> what does it take to win? you can't b
remember, south africa is now the second largest economy in africa, number two to nigeria. when you look at the other growth rates, they are set to grow by 5.5%. south africa, by 2.7%. we're seeing inequality. remember, we right now have the longest ever running platinum strike seen in this country. 70,000 workers on strike. it basically shows that we're really concerned about not only the inequality on the front but also that 31% of the population is below the poverty line and the finance...
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Apr 28, 2014
04/14
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CNBC
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should i invest in nigeria or banks in the middle east for example? where are you putting money at all in that? we are. but carefully. one moust look at how demographics are emerging in markets. they allow you to divers fi more broadly. gold real estate and cash. >> how much of your assets are in gold right now. we are in 3 and 4%. we think people should have gold as some time. there is a risk if the fed should start to decline long-term real interest rates will gain and that will be bad for gold. we have active versus passive management. you are moving stuff around the world all the time. about a shird of your money is in this active piece of your money. >> we believe in passive management. we believe the etf's do a good job. which class do you want to be in? >> thank you for being with us. biggest etf adviser in the united states. >> back to you. we are just over an hour into trading. let's send it over to don chu. >> apple shares you can see they are up 3% and that is after an 8% move karl back over tow. >> when we come back your chance to get in o
should i invest in nigeria or banks in the middle east for example? where are you putting money at all in that? we are. but carefully. one moust look at how demographics are emerging in markets. they allow you to divers fi more broadly. gold real estate and cash. >> how much of your assets are in gold right now. we are in 3 and 4%. we think people should have gold as some time. there is a risk if the fed should start to decline long-term real interest rates will gain and that will be bad...